Pasta and Couscous Market to Witness a Pronounce Growth During 2020-2027
Pasta and Couscous Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Pasta and Couscous status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020–2027.
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Increasing launch of healthy and premium product offering due to rising health consciousness among people is estimated to offer potential growth opportunity to the market of pasta & couscous. For instance, in September 2016, Godrej Group's, Nature’s Basket unit announced launch of a new Healthy Alternatives’ brand that includes products such as organic grains and gluten-free pasta's. These will be marketed as its high-end premium food offerings. Hence, rising demand for premium pasta & couscous is expected to propel the market growth.
The rising focus of manufacturers to expand their product portfolio and geographical expansion by entering into a new market is expected to foster the market growth of pasta & couscous. For instance, in October 2016, in order to expand its business in the market in Brazil, Kellogg Co. purchased Brazil’s Parati Group for around US$ 430 million. This acquisition is Kellogg’s largest in Latin America and will enable it to expand its presence in emerging markets such as Brazil.
Key players operating in global pasta & couscous market are The Hain Celestial Group, Inc., Valeo Foods Group Limited, Pastificio Antonio Pallante S.R.L., Pasta Foods Ltd., US Durum Products Ltd., Regina Pasta & Food Industries, Nestle S.A., Ebro Foods S.A, Weikfield Foods Pvt. Ltd., and ITC Foods Limited.
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